IPG cuts its share in Weber Shandwick and Jack Morton Australia
The Interpublic Group (IPG) is no longer the majority owner of PR firm Weber Shandwick and brand experience agency Jack Morton Australia, having sold its majority stake in both companies earlier this year.
A spokesperson for Weber Shandwick confirmed to Mumbrella that Helen Graney, group managing director of Weber Shandwick and Jack Morton, became the majority shareholder of both businesses in January.
Graney had served as group managing director of Jack Morton since 2009 and started with the agency in 1999. In July of 2019, she was appointed to the same role at Weber Shandwick Australia in addition.